Gregory Kraut's questions to Eagle Point Credit Company Inc (ECC) leadership • Q3 2024
Question
Gregory Kraut of KPG Funds asked for a simple explanation of the company's strategy to increase its share price.
Answer
Executive Thomas Majewski stated that the strategy to increase the share price relies on two core pillars: delivering consistent, strong cash flows to shareholders and growing the company's Net Asset Value (NAV). He emphasized that management's role includes educating the market on the resilience and stability of CLO cash flows to correct misconceptions and help the market better reflect the company's intrinsic value.